June 14, 2024
mayank
Shriram Multi Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 12.7534
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The scheme seeks to generate long term capital appreciation with inflation beating returns by investing in Equity and Equity related securities, Debt and Money Market instruments, Gold/Silver ETFs, and REITs / InvITs. There is no assurance that the investment objective of the Scheme will be achieved.
Fund Manager:
1) Deepak Ramaraju
Education: Mr. Ramaraju has done B.E.(Chemical Engineering).
Experience: Prior to joining Shriram Mutual Fund, he has worked with Sanlam Group of South Africa as a part of their global equity research team and GE India Technology Center as a researcher and co-inventor.
2) Gargi Bhattacharyya Banerjee
Education: Ms. Banerjee is Master of Business Management in Finance and Bachelor of Science with Economics (Hon) from University of Calcutta.
Experience: Prior to joining Shriram Asset Management Co. Ltd she has worked with Zacks Research Pvt Ltd as Research Head and Shriram Insight Share Brokers Ltd
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 5,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 12% of the investment, 1% will be charged for redemption within 90 days |
Basic Details
| Fund House | Shriram Mutual Fund |
| Launch Date | 08-Sep-23 |
| Return Since Launch | 27.53% |
| Benchmark | NIFTY 50 TRI (70), NIFTY Short Duration Index (20), Domestic Price of Gold (8), Domestic Price of Silver (2) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 143 Cr |
| (As on 31-May-2024) | |
| Expense | 0.50% |
| (As on 30-Apr-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 156.00% |
Trailing Returns (%) of Shriram Multi Asset Allocation Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Shriram Multi Asset Allocation Dir | 12.66 | 0.37 | 5.05 | 8.87 | 15.50 | — | — | — | — | — |
| VR Balanced TRI | 7.90 | 0.30 | 5.59 | 6.30 | 11.66 | — | — | — | — | — |
| Hybrid: Multi Asset Allocation | 11.66 | 0.30 | 4.48 | 9.18 | 14.42 | — | — | — | — | — |
| Rank within category | 12 | 12 | 14 | 18 | 12 | — | — | — | — | — |
| Number of funds in category | 30 | 38 | 37 | 36 | 30 | 26 | 20 | 12 | 8 | 7 |
Peer Comparison of Shriram Multi Asset Allocation Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Shriram Multi Asset Allocation Dir | Unrated | — | — | — | 0.50 | 143 | 27.53 | 1.00 (90) | 9M | 192.70 |
| ICICI Pru Multi Asset Dir | 4 star | 33.93 | 23.25 | 20.80 | 0.72 | 41,160 | 17.37 | 1.00 (365) | 11Y 5M | 30.00 |
| SBI Multi Asset Allocation Dir | 4 star | 29.93 | 15.61 | 15.83 | 0.56 | 4,943 | 12.63 | 1.00 (365) | 11Y 5M | — |
| Quant Multi Asset Dir | 5 star | 51.29 | 26.50 | 30.49 | 0.67 | 2,400 | 16.51 | 1.00 (15) | 11Y 5M | 248.00 |
| UTI Multi Asset Allocation Dir | 4 star | 38.34 | 18.85 | 16.17 | 1.09 | 2,027 | 10.56 | 1.00 (365) | 11Y 5M | 217.00 |
Portfolio Analysis of Shriram Multi Asset Allocation Fund
| No. of Stocks | 49 |
| Top 10 Holdings | 45.90% |
| Top 5 Stocks | 32.75% |
| Top 3 Sectors | 37.36% |
| Portfolio P/B Ratio | 3.66 |
| Portfolio P/E Ratio | 27.47 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,56,378 | 1,83,171 |
| Giant (%) | 64.94 | 52.46 |
| Large (%) | 21.75 | 21.52 |
| Mid (%) | 13.31 | 19.88 |
| Small (%) | — | 7.05 |
| Tiny (%) | — | 0.14 |
| Fund | Category | |
| Number of Securities | 62 | 66 |
| Macaulay Duration (yrs) | 0.53 | 3.61 |
| Average Maturity (yrs) | 0.60 | 6.06 |
| Yield to Maturity (%) | 6.95 | 7.33 |
| Avg Credit Rating | AAA | — |
How to Invest in Shriram Multi Asset Allocation Fund?
Chanakya’s Mutual Fund Guidance For Shriram Multi Asset Allocation Fund
Apply Online: https://www.shriramamc.in/mutual-funds
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